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Amazon CEO Jassy Wants to Improve Warehouse Safety

In his first letter to Amazon shareholders, CEO Andy Jassy offered a defense of the wages and benefits the company gives its warehouse workers while also vowing to improve injury rates inside the facilities.

April 14, 2022
BusinessPrivateTop 100

Walmart Announces Driver Pay Increase, Training Program

Walmart Inc. is raising pay for its private fleet truck drivers and launching a new training program, the retailer announced April 7.

April 13, 2022
BusinessPrivate

Walmart Hires PayPal鈥檚 John Rainey as CFO

Walmart Inc. named PayPal Holdings Inc. Chief Financial Officer John Rainey as its new finance chief, turning to a company outsider as it seeks to build a financial-technology venture and a membership program.

April 12, 2022
BusinessTechnologyPrivate

Amazon Kicks Off Jumbo 7-Part Bond Sale

Amazon.com Inc. is offering investment-grade bonds for general corporate purposes that may include repaying debt as well as funding acquisitions and share buybacks in its first note sale in about a year.

April 11, 2022
GovernmentBusinessLogisticsPrivateTop 100

Biden Meets With CEOs of Walmart, CVS on Holiday Supply Chain

President Joe Biden said his administration has made strides toward relieving U.S. supply chain disruptions, as he met Nov. 29 with the leaders of major retailers including Walmart Inc. who assured him they have ample inventories for the holiday season.

November 29, 2021

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